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Anfield Energy Closes Oversubscribed Private Placement

Anfield Energy Closes Oversubscribed Private Placement December 24, 2020 12:21 ET | Source: Anfield Energy Inc. Anfield Energy Inc. VANCOUVER, British Columbia, Dec. 24, 2020 (GLOBE NEWSWIRE) Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that it has closed its oversubscribed, non-brokered private placement. The private placement, consisting of 42,477,770 Units at a price of $0.065 per Unit, raised gross proceeds of $2,761,055 (the “ Offering”). Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of $0.10 until December 22, 2022. Red Cloud Securities, Inc. acted as a finder with respect to the Offering.

Anfield Energy Announces Oversubscribed Private Placement

Anfield Energy Announces Oversubscribed Private Placement Nachrichtenquelle: globenewswire  |  22.12.2020, 13:00  |  143  VANCOUVER, British Columbia, Dec. 22, 2020 (GLOBE NEWSWIRE) Anfield Energy Inc. (TSX.V: AEC; OTCQB: ANLDF; FRANKFURT: 0AD) (“Anfield” or “the Company”) is pleased to announce that its non-brokered private placement, announced on December 9, has been oversubscribed. The private placement now consists of 42,477,709 Units at a price of $0.065 per Unit, for a total equity raise of up to $2,761,051 (“the Offering”). Each Unit consists of one common share and one share purchase warrant, with each warrant entitling the holder to purchase an additional common share at a price of $0.10 for a period of twenty-four (24) months. Red Cloud Securities, Inc. is acting as a Finder with respect to the Offering.

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